Crypto and stock investors have always found interesting and sometimes bizarre ways to \u201cpredict\u201d the market’s ebbs and flows.\u00a0<\/p>\n
Some have\u00a0suggested<\/a>\u00a0that our unconscious minds can predict the stock market through \u201cprecognitive dreaming,\u201d while others have recently been turning to the advice of artificial intelligence chatbots<\/a>. <\/p>\n However, in Thailand, there appears to be a growing group of investors turning to divine powers and astrology to predict market movements, including crypto \u2014 as recently highlighted<\/a> in a r\/cryptocurrency thread on Reddit. <\/p>\n One astrologist, who goes by \u201cPimfah,\u201d has a 160,000-strong Facebook group where members ask for and send tarot card readings \u2014 some ask for help on what their readings mean for the crypto market.<\/p>\n Another self-proclaimed fortune teller, Ajarn Ton, has a YouTube channel with nearly 26,000 subscribers where he\u2019s uploaded hundreds of videos attempting to predict the price of various cryptocurrencies using astrology.<\/p>\n Ton\u2019s most recent focus is predicting that Terraform Labs\u2019 collapsed crypto<\/a> Terra Luna Classic (LUNC) will see a surge of nearly 50,000% \u2014 saying it could hit $0.029.<\/p>\n So far, however, it\u2019s trading at less than $0.000055.<\/p>\n Occasionally, these predictions turn out to be somewhat accurate.<\/p>\n High-profile fortune teller, Mor Plai, made local headlines<\/a> earlier this year for her August 2022 prediction of a crypto market recovery starting that November \u2014 which turned out to be somewhat accurate, ignoring the crypto retrench around FTX\u2019s collapse<\/a>. <\/p>\n Commenters on the Reddit post were largely doubtful about the so-called method of prediction. <\/p>\n \u201cPut out enough vague predictions, and you gotta be right eventually,\u201d one Redditor commented. <\/p>\n \u201cIf a hamster can perform better than most adults I don\u2019t see why we shouldn\u2019t try astrology,\u201d another joked. <\/p>\n However, while spiritual beliefs would likely attract skeptics in the West, it is not considered out of the ordinary in Buddhist-majority Thailand. <\/p>\n A September Pew Research report<\/a> said just over 80% of surveyed Thais believe in God, deities or spirits and nearly half believed spells, curses or other magic influenced people\u2019s lives.<\/p>\n Related: <\/em><\/strong>Binance collaborates with Royal Thai Police to seize $277M from scammers<\/em><\/strong><\/a><\/p>\n Even in parts of the Western world, self-described astrologers have also been using signals from the stars to divine price movements in crypto.<\/p>\n During the 2021 crypto bull market, the United States-born TikTok astrologer Maren Altman gained a following of millions for her astrology-backed Bitcoin price predictions.<\/p>\n Altman told Magazine<\/a> in January she was \u201cfamiliar with financial astrology, so it just made sense to apply it to cryptocurrency.\u201d<\/p>\n Didi Taihuttu, a Dutch-born Bitcoiner and \u201cBitcoin family\u201d patriarch \u2014 who sold all their assets in 2017 and lived off Bitcoin since<\/a> \u2014 has a homebrew market indicator that considers moon cycles alongside directional trading data to flag buy and sell opportunities for Bitcoin.<\/p>\n I received many questions about the Bam Bam #bitcoin<\/a> Indicator and why also moon cycles are part of it. It\u2019s another confirmation that gives you help with deciding when to sell and buy. This research article is a good explanation. https:\/\/t.co\/hQfhzeXSoG<\/a><\/p>\n \u2014 \u20bf Didi Taihuttu \u20bf ALLIN (@Diditaihuttu) July 13, 2023<\/a><\/p><\/blockquote>\n One Redditor postulated that there could be an indirect relation between astrology and prices, as belief in it could cause traders to “act accordingly” \u2014 and thus cause a shift in prices in itself through a self-fulfilling prophecy.<\/p>\n As for what lies in store for Bitcoin<\/a> in the near future, the pseudonymous crypto-focused astrologer \u201cCrypto Damus\u201d claimed in an Oct. 18 X (Twitter) post<\/a>:<\/p>\n \u201cMars is lining up to make a favorable sextile to [Bitcoin] natal Mars over the next several days, (with Mercury cazimi),\u201d which is assumedly positive as they claim it shows strength and will \u201cpump the market.\u201d <\/p>\n![](\"https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/e8e347cc-a2ba-40f5-ba61-0a0687e2b63c.png\")
\u201cColor me skeptical\u201d<\/h3>\n
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